1599 Elder StJacksonville, FL 32204

  • Other commercial real estate
For Sale
$289,999 View listing

Property Details for 1599 Elder St

Property type
Other commercial real estate
Property subtype
Other land

Description

This exceptional 8,308 sq ft commercial and industrial land parcel, located at 1599 Elder St, Jacksonville, FL 32204, presents a unique development opportunity. Situated in the highly desirable Riverside area of Brooklyn, this property boasts unparalleled visibility from Interstate 95, offering significant marketing advantages. The lot, encompassing two parcels (APN: 089566-0000, 08567-0000), measures 67x124 feet and features zero lot line setbacks, maximizing buildable space. Zoned for general commercial and industrial use, this site is approved for high-rise development, with air rights secured by the Department of Infrastructure and Aviation (DIA) allowing for construction up to 20 stories. The property is priced at $289,999, translating to $35 per square foot. The area is characterized by numerous high-rise and multifamily buildings, indicating strong market demand. This is a rare opportunity to acquire one of only two remaining parcels on Elder Street, a dead-end cul-de-sac. The property also offers potential for billboard advertising due to its prominent I-95 location and visibility from Forest Street. Parking is estimated at 12 spaces per key. The sale is offered as fee simple ownership. While lease options are possible, this is a sale by owner opportunity.

1599 Elder St, Jacksonville, Florida

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.3239
Longitude
-81.679

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